3/16/09

Peacock Kabuki Extravaganza

These people are absolutely shameless. So many peacocks strutting across the stage with their fancy plumage arrayed in a full display of courtship, wooing YOU of all people! YOU, dear citizen, as if you are a silly peacock too!!! Isn't that funny? Any honest working man or woman in these United States has enough strength by virtue of surviving in this decrepit excuse of a once-great country with every single law stacked against you that you could pick up any one of these stupid pampered fancy birds and snap their necks with your bare hands and fling them into a big pile one by one. You are a different species alltogether. You are human beings made of flesh and blood being warbled and serenaded by imbecilic peacocks, and if you fall for this avian broadway musical I'll snap your necks myself. Swear to God.

As I wrote on February 9th:
And why is this happening? For one thing, it's because we have no rule of law. The rule of law is a joke. The people who have been running this country and vast swaths of the world for many years do not ever, ever worry about the rule of law until they get entangled in it. And at that precise moment, the rule of law that they trampled over for years becomes The Rule of Law, and they avail themselves of absolutely every single opening in The Rule of Law that might help them squeeze out of trouble. And who can say anything about it? After all, we who always cry about enforcing the rule of law cannot complain when the criminals avail themselves of The Rule of Law, can we? Of course not. So most of them get away, one way or another.
Witness this very phenomenon today.

He [Bernanke] told CBS' "60 Minutes" Sunday that out of all the events in the last 18 months, the federal government's intervention with AIG makes him the angriest, saying the company made "unconscionable bets."

While there's seemingly no shortage of outrage AIG's plan to pay the bonuses, it may turn out that the best the country can hope for in response is to learn its lesson for next time and make sure it doesn't happen again.

Sen. Richard Shelby, R-Ala., told "Good Morning America" today that the American people had been "fooled by AIG."

"These people brought themselves, now you're rewarding [them,]" he said. "A lot of these people should be fired."

OK kids, roll over now for the translation. Ben Bernanke is "angry" that AIG made all those "unconscionable bets." And though there is absolutely nothing anybody in power can do now, now that all your taxpayer monies belong to the corrupt financial sector, now that the corrupt Congress has worked against your interests at every single turn, please know that you have been FOOLED by AIG!!! Oh yes. Nobody else fooled you ever certainly not. Not back then, not ever, definitely not when you were all calling Congress telling them no fucking way on the bailout. And now YOU are REWARDING these people!! You silly birds. And these people should be fired, don't you know? What are you thinking?????? It's all your fault and there's nothing they can do. So sorry. We regret to inform you that you are fucked.

Let me just say, Senator Shelby, that I fear you are mistaken. These people belong in prison, actually, along with you and your colleagues, along with the stage hands throughout corporate media whoredom.

But wait there's more!

Even though they may not like it, the nation's top financial officials can't seem to do much to stop it, citing AIG's position that they it's contractually obligated to pay the bonuses.

"We are a country of law," Lawrence Summers, chairman of the White House National Economic Council, said on ABC's "This Week With George Stephanopoulos." "There are contracts. The government cannot just abrogate contracts."

AIG CEO Edward Liddy said in a letter to Treasury Secretary Timothy Geithner that the payments can't be stopped and that his "hands are tied."

Cummings admitted that the stimulus package was moved through Congress so quickly that there may be room for improvement going forward, including add-ons that would prevent failing banks and institutions from using government money to reward the same executives who were responsible for the company's failure in the first place, such was the case with AIG.

"We have to be very careful ... we don't allow these things to happen again," Cummings said.

Now that it's too late!!! Never again, blah blah blah. Rule of Law, blah blah blah. Oh ha ha ha ha. These guys are such entertainers. Hollywood here we come.

There's so much more there, if you're so inclined. More posturing and fluffing and displaying of pretty feathers and mincing steps to make you think that this is all just a most unfortunate series of events, when every single person quoted in this story worked diligently to make it all possible.

AIG is a CIA money laundering facility. The CIA is Wall Street. Wall Street is a bunch of greedy bankers and financial terrorists. It's all the same people, over and over again, transferring your wealth into their pockets while destroying lives and livelihoods across the globe. That's all they do, and they are paid to do it, and they pay off anyone necessary to look the other way, and they kill the rest. And then they go on teevee to express regret. But don't you believe them for one second. The truth is, our economy imploding is NWO porn.

22 comments:

Greg Bacon said...

The bonuses being paid to AIG were first reported to be around 50 million, then over 100 million, then 150 million, now it's 450 MILLION.

Wonder what the actual number is?

Greg Bacon said...

"I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that . . . I've always thought that under-populated countries in Africa are vastly underpolluted."

That great humanitarian, Larry Summers, in a 1991 World Bank memo while he was head of the WB's Economic Development council.

Wadda guy!

Sis said...

Ok, so they are contracts. Why can't the government abrogate these contracts? What's the big deal? Perhaps because the banking execs who are getting the bailout money are not unionized. If they were, the goverment could strong-arm the union, much like they are doing at GM and then they could really squeeze that lemon, baby.

Speaking of contracts, what about that Contract With America? Remember that beauty? The contract that had much fanfare back in '94 when Newt Gingrich, Dick Armey, John Boehner (not the erectile pronunciation) and friends used the Heritage Foundaation as their roosting post to concoct this gem for us. Let's see here, if I can recall what was that all about:

Fiscal Responsibilty Act - American Dream Restoration Act - Personal Responsibilty Act - Common Sense Act - Wage Enhancement Act -

Plus, the reforms of government operations:

require all laws that apply to the rest of the country also apply to Congress;
select a major, independent auditing firm to conduct a comprehensive audit of Congress for waste, fraud or abuse;
cut the number of House committees, and cut committee staff by one-third;
limit the terms of all committee chairs;
ban the casting of proxy votes in committee;
require committee meetings to be open to the public;
require a three-fifths majority vote to pass a tax increase;
and implement a zero base-line budgeting process for the annual Federal Budget

Looks like the Contract With America was broken long, long ago. So why can't the AIG contract be broken, too?

I'm so mad, I could just spit and I think I will!

A. Peasant said...

I love you guys.

Sis said...

Can not return adulation, fellah. Got a reputation to protect, ya dig?

A. Peasant said...

Sis I assure you it's platonic love for my fellow human beings who have functioning brain matter *and* consciences *and* (figurative of course) cojones. It's the trifecta, baby.

Sis said...

That makes me Content. However, your requirement are quite strick; it must be a very short list.

A. Peasant said...

Um, yes, sadly. That's why you are so very precious.

Greg Bacon said...

The truth is, our economy imploding is NWO porn.

And OBOMBA is the AIDs infected porn star "Big John Holmes" slamming something very peculiar into places that were designed to be an exit, not an entrance.

I thought Obama might have a 2-3 year honeymoon, he's such a charming smoozer, but it looks like the honeymoon is only going to last 3 months.

"Try Bush Lite, and you'll agree..."

Only Bush Lite is not a watery American beer.

P.S. Don't forget Sis, we're a nation of laws!!

Sis said...

(Psst...hey, you guys - I think Obama's was here on Twelfth Bough today. So glad you took the opportunity to point out the AIG bonuses to him.)

"This is a corporation that finds itself in financial distress due to recklessness and greed," Obama said in the White House. "How do they justify this outrage to the taxpayers who are keeping the company afloat?"
The president added he's asked Treasury Secretary Timothy Geithner to use the leverage the government has, from the multistage bailout of the giant insurer, "to pursue every legal avenue to block these bonuses and make the American taxpayers whole."
"This isn't just a matter of dollars and cents. It's about our fundamental values," Obama commented.

All fixed! Next?

Sis said...

Yes, we are a nation of laws.So was Palestine, but then a herd of nomads marched in looking for a spot to set up a bar mitzvah ceremony.

Greg Bacon said...

If you go to this link below, there's a chart of AIG's "performance" over the last year. It looks like AIG was raided Big Time on that other 9/11, the 9/11 of September 11, 2008 when certain parties pulled over 500 BILLION dollars out of the American banking system and were trying to loot more when the Treasury Dept called off the feeding frenzy.

AIG is rumored to be a CIA front and has more than a few links to that Zionist/Neocon Demolition Derby held on the first 9/11. Maybe the boys from the "Farm" are getting a bit greedy and demanding more and more money for their silence.

http://willyloman.wordpress.com/2009/03/16/aig-bonuses-total-450-million-and-half-of-their-tarp-bailouts-went-to-off-shore-banks/

then a herd of nomads marched in looking fo a bar mitzvah ceremony.

More like a herd of wandering disciples of Charlie Manson, looking for necks to circumsize.

Greg Bacon said...

Wonder if us poor people can get some of this gravy. Risk only nickels and get returns in the billions.

Statement of SEIU Secretary-Treasurer Anna Burger on Secretary Geithner's latest TALF proposal

Washington, DC --Treasury Secretary Geithner's plan to invite private equity and hedge fund investors to a fire sale of bank assets is a return to the very same policies and practices that triggered the financial crisis in the first place.

Secretary Geithner's proposal for the Term Asset-Backed Securities Loan Facility (TALF) would enable private equity firms and hedge funds to buy up higher quality loan securitizations, including auto, consumer, student and small business loans. The Federal government would provide low-cost financing for up to 95% of the purchase price, with private firms putting down as little as 5% and the securitizations as collateral. The hope is then to expand this proposal to include toxic mortgage-backed securities.

Each of these programs could cost taxpayers up to $1 trillion. If the private firms make a profit from the deal, they keep all of it. If they end up losing money, they are only on the hook for the nickel or two of equity they put in. The taxpayers would then assume the rest of the losses. Even worse, subsidizing the purchase up to 19-to-1 will drive up the price of the assets, which would be yet another gift to the same banks that caused this crisis while at the same time putting taxpayers at a much greater risk of bearing huge losses.


http://www.seiu.org/2009/03/fire-sale-of-bank-assets-would-hurt-taxpayers-its-time-for-an-economy-that-works-for-everyone.php

Freeze, motherfucker and hand over last month's car payment or we'll light you up like a Christmas Tree!!!"

A. Peasant said...

I'm speechless. The greed is bottomless. It's a bottomless pit.

Greg Bacon said...

Only till the US dollar collapses completely, like Zimbabwe's, then these same "experts" that got us into this mess and then offered up a cure to get out of the mess they created, will again be brought in to explain why we need to convert to the Amero or some of NWO BS currency.

We're adults and it's one thing if we let this continue, but we're sentencing our kids and grandkids to a lifetime of penury and financial slavery.

Sis said...

Term Asset-Backed Securities Loan Facility (TALF):

This is what is called a swap; we hand our assets over to these crooks and they hand us a tax bill to pay for it.

Very complicated stuff. Not for us to figure out. They'll handle it. Not to worry. Not to worry. Go back to work, you. Let these Brandeis grads handle it.

malcontent said...

I've got good news and bad news...

The good news
No severence packages should be expected for AIGFP workers when we fire them

http://tpmmuckraker.talkingpointsmemo.com/2009/03/cassano_aig_finance_staffers_are_generally_well-co.php

The bad news
73 AIG Financial Products employees got at least a million dollars in this latest round of bonuses.

http://tpmmuckraker.talkingpointsmemo.com/2009/03/sevnty-three_aig-ers_got_more_than_1_million_each.php

Greg Bacon said...

Will they at least use some KY Jelly when delivering this TALF?

And will they kiss us afterwards?

A. Peasant said...

You know, I bet they're very thoughtful that way, just on account of their vast experience screwing people.

Greg Bacon said...

Have you read this article? Other than the usual lies about Israel, there's one paragraph that is confusing, at least to me.:

Is anti-Zionism hate?

Yes. It is more dangerous than anti-Semitism, threatening lives and peace in the Middle East.
By Judea Pearl

More important, shared history, not religion, is today the primary uniting force behind the secular, multiethnic society of Israel. The majority of its members do not practice religious laws and do not believe in divine supervision or the afterlife.


http://www.latimes.com/news/opinion/sunday/commentary/la-oe-pearl15-2009mar15,0,2362924.story

If they don't believe in an afterlife or divine supervision, then why all the emphasis on the praying, like the over the top praying that goes on at the Wailing Wall?

Who or what in the hell or they praying to if they don't believe in an afterlife or divine supervision?

Sis said...

They're not praying, Greg; they are counting.

Greg Bacon said...

They're not praying, Greg; they are counting.

So that's a bank account book they're holding and not an OT bible or "Talmud for Dummies?"

And they're shaking their heads up and down, thinking and saying, "Thank God, my investments paid off again this week! That Bernie is such a genius when it comes to moving money out of the GOY's accounts into the Chosen Ones!!"

legal mumbo jumbo

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